$2,150,000
SOLD AUG 5, 2021

1640 Corbett Canyon Rd Arroyo Grande, CA 93420

4 Beds
5 Baths
4,460 Sq Ft
7 Acres

Recently Sold

$482 Per Sq Ft

9% Above List Price

2 Days on Market

Highlights

  • Detached Guest House
  • Wine Cellar
  • Primary Bedroom Suite
  • Arroyo Grande High School Rated A-
  • 4 Car Attached Garage
  • 7 Acre Lot

About This Home

As of August 2021

Located in the highly desirable Corbett Highlands, this stunning Spanish-style 2 level home and casita is privately gated, sits on approx. 7 acres & boasts panoramic views of Edna Valley. Main residence is spacious with approx. 3,250 sq ft and guest house is approx. 1,250 sq ft featuring full kitchen with 1 bed and 1 bath. Main residence welcomes you with lots of light & open beamed vaulted ceilings, expansive gourmet kitchen, skylights, wood burning stove, spacious premier en-suite & 3-car garage with wine cellar. Grounds include lush lawn areas and 70 fruit producing olive trees with flagstone patios & built-in BBQ prefect for entertaining. Enjoy hilltop living and bask in the Mediterranean climate of the Central Coast in your very own private Edna Valley home and guest house. Ideally located only minutes from the amenities of San Luis Obispo & the coastal towns of Arroyo Grande and Pismo beach, this property is not to be missed.

Last Agent to Sell the Property

Linda Wilson

Richardson Sotheby's International Realty License #01045160 Listed on: 07/01/2021

Richardson Sotheby's International Realty

Co-Listed By

Bradley Wilson

Richardson Sotheby's International Realty License #01983603

Last Buyer's Agent

Francesco Pierini

Home & Ranch Sotheby's Intl License #02052032

Home & Ranch Sotheby's Intl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,468

Year Built

  • Built in 2004

Lot Details

  • 7 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Sprinkler System
  • Lawn
  • Back Yard
  • Density is 6-10 Units/Acre
  • Property is zoned RR

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Property Views

  • Hills
  • Valley

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Patio Home
  • Barrel Roof Shape
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,460 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Track Lighting
  • Double Pane Windows
  • Awning
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Attached Deck
  • Home Office
  • Storage
  • Home Gym
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Farming

  • Agricultural

Utilities

  • Forced Air Heating System
  • Source of electricity is unknown
  • Electricity Not Available
  • Propane
  • Shared Well
  • Conventional Septic
  • Phone Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 044273006

Community Details

Overview

  • No Home Owners Association
  • East Of 101 Subdivision
  • Valley

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,468

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Card/Code Access, Security System
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: RR
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 044273006
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4460.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Pantry, Partially Furnished, Storage, Tile Counters, Track Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Guest House
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 482.06
  • Room Type: All Bedrooms Up, Exercise Room, Family Room, Foyer, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Master Suite, Office, Wine Cellar
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Tile Counters, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached, Second Garage Attached
  • Exterior Features: Awning(s), Barbecue Private
  • View: Hills, Valley
  • Patio And Porch Features: Patio, Patio Open, Stone, Tile
  • Pool Private: No
  • Roof: Barrel
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Number Remotes: 4
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door, Garage - Three Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Not Available, Phone Available, Propane, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Gas Range, Microwave, Refrigerator
  • Electric: Electricity - Unknown
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Valley

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Agricultural - Tree/Orchard, Back Yard, Lawn, Patio Home, Sprinkler System
  • Lot Size Sq Ft: 304920.00
  • Lot Size Acres: 7.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 304920.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 123.02
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2025
Sold by
Russo Alberto and Silvestre Jessica
Bought by
Russo Family Trust and Russo

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 5, 2021
Sold by
Carl Bacigalupi Jr Victor
Bought by
Bacigalupi Carmen A
Seller's Agent
Linda Wilson
Richardson Sotheby's International Realty
Buyer's Agent
Francesco Pierini
Home & Ranch Sotheby's Intl
List Price
$1,975,000
Sold Price
$2,150,000
Premium/Discount to List
$175,000
8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,500,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 15, 2021
Sold by
Bacigalupi Carmen A and Bacigalupi Family Trust
Bought by
Russo Alberto and Silvestre Jessica
Seller's Agent
Linda Wilson
Richardson Sotheby's International Realty
Buyer's Agent
Francesco Pierini
Home & Ranch Sotheby's Intl
List Price
$1,975,000
Sold Price
$2,150,000
Premium/Discount to List
$175,000
8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2014
Sold by
Bacigalupi Victor Carol and Bacigalupi Carmen Aileen
Bought by
Bacigalupi Family Trust

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jul 13, 2012
Sold by
Toke Michael Jan and Toke Lisa Labarbera
Bought by
Bacigalupi Victor Carol and Bacigalupi Carmen Aileen
Seller's Agent
Gavin Payne
BHGRE HAVEN PROPERTIES
Buyer's Agent
Holly Rodgers
BHGRE HAVEN PROPERTIES
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$750,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2010
Sold by
Toke Michael and Toke Lisa
Bought by
Toke Michael Jan and Toke Lisa Labarbera

Purchase Details

Closed on
Dec 24, 2002
Sold by
Toke Michael and Toke Lisa
Bought by
Toke Michael and Toke Lisa

Purchase Details

Closed on
Jul 31, 2002
Sold by
Weber Richard T and Weber Brenda J
Bought by
Toke Michael and Toke Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,200
Interest Rate
6.37%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Deed -- --
Grant Deed $2,150,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,250,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Cuesta Title Company
Grant Deed $386,000 Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $720,000 Adjustable Rate Mortgage/ARM
Previous Owner $750,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $650,000 Unknown
Previous Owner $600,000 Construction
Previous Owner $270,200 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Pending -- -- --
11/06/2024 11/06/24 Price Changed $2,575,000 -3.7% $577 / Sq Ft
09/20/2024 09/20/24 Price Changed $2,675,000 -4.3% $600 / Sq Ft
08/01/2024 08/01/24 For Sale $2,795,000 +30.0% $627 / Sq Ft
08/05/2021 08/05/21 Sold $2,150,000 +8.9% $482 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,975,000 +58.0% $443 / Sq Ft
08/10/2012 08/10/12 Sold $1,250,000 -3.8% $280 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $1,299,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,468 $2,281,597 $1,061,208 $1,220,389
2024 $23,199 $2,236,860 $1,040,400 $1,196,460
2023 $23,199 $2,193,000 $1,020,000 $1,173,000
2022 $22,849 $2,150,000 $1,000,000 $1,150,000
2021 $15,403 $1,430,549 $568,822 $861,727
2020 $15,226 $1,415,882 $562,990 $852,892
2019 $15,131 $1,388,120 $551,951 $836,169
2018 $14,950 $1,360,903 $541,129 $819,774
2017 $14,668 $1,334,219 $530,519 $803,700
2016 $13,833 $1,308,059 $520,117 $787,942
2015 $13,633 $1,288,412 $512,305 $776,107
2014 $13,126 $1,263,175 $502,270 $760,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21141394

California Regional Multiple Listing Service (CRMLS)

APN: 044-273-006